Raymond James Financial Inc. Acquires New Holdings in iShares Dow Jones U.S. ETF (NYSEARCA:IYY)

Raymond James Financial Inc. purchased a new stake in iShares Dow Jones U.S. ETF (NYSEARCA:IYY) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 76,727 shares of the company’s stock, valued at approximately $10,979,000. Raymond James Financial Inc. owned approximately 0.51% of iShares Dow Jones U.S. ETF at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Optivise Advisory Services LLC purchased a new position in shares of iShares Dow Jones U.S. ETF in the 3rd quarter worth $665,000. FMR LLC raised its holdings in shares of iShares Dow Jones U.S. ETF by 3.4% in the 3rd quarter. FMR LLC now owns 24,044 shares of the company’s stock worth $3,356,000 after purchasing an additional 789 shares during the period. Flow Traders U.S. LLC acquired a new position in shares of iShares Dow Jones U.S. ETF in the 3rd quarter valued at about $3,357,000. HighTower Advisors LLC grew its holdings in shares of iShares Dow Jones U.S. ETF by 2.4% during the 3rd quarter. HighTower Advisors LLC now owns 38,827 shares of the company’s stock worth $5,421,000 after purchasing an additional 920 shares during the period. Finally, Quantinno Capital Management LP acquired a new stake in iShares Dow Jones U.S. ETF during the 3rd quarter worth approximately $386,000.

iShares Dow Jones U.S. ETF Trading Down 0.1 %

NYSEARCA:IYY opened at $137.53 on Friday. The firm’s fifty day simple moving average is $144.35 and its 200 day simple moving average is $143.00. iShares Dow Jones U.S. ETF has a twelve month low of $120.56 and a twelve month high of $149.87. The firm has a market capitalization of $2.24 billion, a price-to-earnings ratio of 24.96 and a beta of 1.04.

iShares Dow Jones U.S. ETF Company Profile

iShares Dow Jones US ETF, formerly iShares Dow Jones U.S. Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Index (the Index). The Index measures the performance of the broad United States equity market, and is consisted of all of the companies in the Dow Jones Large-Cap Index, Dow Jones Mid-Cap Index and Dow Jones Small-Cap Index.